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Priceless Knowledge: Attitudes and Awareness Around Drug Pricing Among US Medical Students

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Abstract

High US drug costs have garnered increasing attention, with multiple proposed reforms. While physicians are key stakeholders, medical education about drug pricing is not described, and medical students’ understanding and attitudes are poorly understood. To assess students’ awareness of drug pricing and its determinants, the authors conducted a cross-sectional, web-based survey of US medical students. Survey items included attitudes and knowledge around drug pricing and relevant education received (e.g., importance, quantity/quality of instruction). A composite knowledge score summed correct responses to 10 knowledge items. Descriptive statistics and t tests were used to evaluate associations. Among 815 viewers of the survey invitation, 361 visited the survey and 240 completed it (view rate 44%; participation rate 77%; completion rate 87%). Most participants were white (62%), in MD programs (82%), and female (53%). Nearly all (> 99%) said it was somewhat or very important to understand factors influencing drug pricing; over 90% were interested in learning more. Among year 3–4 students (n = 108), 59% reported receiving medical school instruction on pricing; few rated the quantity as adequate (7%) or the quality as excellent (3%) or good (8%). Among 10 knowledge questions, the median correct score was 6. Fewer than half (44%) knew that prices are uncorrelated with research/development costs. Knowledge was associated with year in school (p = 0.011) but not reported instructional quality or quantity. In sum, medical students report interest in drug pricing but inadequate instruction, and their knowledge is incomplete. Enhanced education is needed to equip future doctors to advocate effectively for patients around drug prices.

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Acknowledgments

The authors wish to thank Laura Turner, Executive Director at Student Doctor Network, for her invaluable assistance in fielding the survey.

Funding

This work was made possible by a grant from the Laura and John Arnold Foundation. This work was also supported in part from a grant to Memorial Sloan Kettering Cancer Center from the National Cancer Institute (P30 CA008748).

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Correspondence to Susan Chimonas.

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Dr. Korenstein’s spouse serves on the Scientific Advisory Board of Vedanta Biosciences and provides consulting for Takeda. No other authors have conflicts of interest to report.

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The study was deemed exempt by the authors’ institutional IRB.

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Korenstein, D., Kaltenboeck, A., Mamoor, M. et al. Priceless Knowledge: Attitudes and Awareness Around Drug Pricing Among US Medical Students. Med.Sci.Educ. 31, 489–494 (2021). https://doi.org/10.1007/s40670-020-01190-x

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